Wednesday, November 30, 2022

In a bankruptcy hearing, BlockFi's lawyers say the lender plans to reopen withdrawals, BlockFi lent $671M to Alameda and has $355M frozen on FTX, and more (CNBC)

CNBC:
In a bankruptcy hearing, BlockFi's lawyers say the lender plans to reopen withdrawals, BlockFi lent $671M to Alameda and has $355M frozen on FTX, and more  —  - BlockFi's first bankruptcy hearing in New Jersey kicked off on Tuesday, with lawyers emphasizing the crypto lender's strong corporate controls and customer prioritization.



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...